CBS Evening News - 1985-10-07

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Read a transcript preview of “CBS Evening News - 1985-10-07” from malgent, uploaded on 2026-01-22.

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Language: English (original, YouTube automatic captions)

[0:02] Good evening. This is the CBS Evening

[0:04] News. Dan Rather reporting. A new

[0:06] dimension in hostage terror unfolding

[0:08] tonight off the coast of Alexandria,

[0:11] Egypt. A Palestine Liberation

[0:13] Organization Commando team reportedly

[0:15] has seized an Italian cruise ship with

[0:18] about 400 people on board in the

[0:20] Mediterranean Sea. Whether there are any

[0:22] Americans on board the ship is not

[0:24] known. Italian foreign ministry

[0:26] officials say the ship, the Achilles

[0:28] Laro, began its cruise from Genoa, Italy

[0:31] October 3rd and was supposed to make

[0:33] several ports of call. There are reports

[0:36] that the PLO hijackers are demanding the

[0:38] release of Palestinian comrades held in

[0:40] Israel. This Italian ship hijacking

[0:43] comes a week after Israeli airbombing of

[0:46] the PLO headquarters in Tunisia. No

[0:48] further details known at the moment. We

[0:50] will continue to monitor this breaking

[0:51] story. In Washington, more stalemate,

[0:54] more gridlock, and a ticking clock.

[0:57] Congress has yet to raise the national

[0:59] debt limit above two trillion. That's

[1:01] two trillion dollars to keep the US

[1:03] government cash flowing. That is because

[1:06] raising the debt ceiling is still tied

[1:08] to President Reagan's move to get one of

[1:11] his favorite constitutional amendments

[1:12] passed. A move that has some in Congress

[1:15] ready to raise the roof. Phil Jones

[1:17] reports. For federal workers around the

[1:20] nation, the good news tonight is that

[1:22] they won't be laid off tomorrow. Even

[1:24] though the government could be out of

[1:26] borrowing power any moment. And from

[1:28] Treasury today came a letter hedging on

[1:30] just when the governm

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